Risikobewertung bei Investitionen in Offshore-Windanlagen

Marita Balks and Philipp Breloh

Wirtschaftsdienst, 2014, vol. 94, issue 1, 26-33

Abstract: The German “Energiewende” is progressing more slowly than intended. Despite of high feed-in tariffs, private investors remain cautious due to the risk profiles, especially in offshore wind. Sensitivities of DCF-based investment models confirm material risk impact, especially from lower wind availability and construction cost overruns. Political focus on the timely grid connection of regional feed-in tariff differentiation may not address investor needs, with the result that this will remain costly. The forthcoming updates to the renewable energy law should seek to mitigate wind availability risk; ease contributions from insurance companies, pension funds and private equity; and support financial innovation. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: D78; G31; G32 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s10273-014-1621-x

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